<ARTICLE>                     5
<LEGEND>
     This  schedule  contains summary financial information extracted from the
financial  statements as of June 30, 1997, and for the nine months then ended,
and  is  qualified  in its entirety by reference to such financial statements.
(In  thousands,  except  EPS)
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   JUN-30-1997
<CASH>                                                  31
<SECURITIES>                                             0
<RECEIVABLES>                                          853
<ALLOWANCES>                                             0
<INVENTORY>                                              0
<CURRENT-ASSETS>                                       884
<PP&E>                                                  40
<DEPRECIATION>                                           0
<TOTAL-ASSETS>                                       1,094
<CURRENT-LIABILITIES>                                   22
<BONDS>                                                  0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              1
<COMMON>                                                 1
<OTHER-SE>                                           1,071
<TOTAL-LIABILITY-AND-EQUITY>                         1,094
<SALES>                                                  0
<TOTAL-REVENUES>                                        61
<CGS>                                                    0
<TOTAL-COSTS>                                            0
<OTHER-EXPENSES>                                        70
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                       0
<INCOME-PRETAX>                                       (18)
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                                   (18)
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                          (18)
<EPS-PRIMARY>                                      (17.95)
<EPS-DILUTED>                                            0