<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANT'S UNAUDITED BALANCE SHEET AS OF AUGUST 31, 1998 AND THE UNAUDITED STATEMENTS OF OPERATIONS AND STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000835585 <NAME> C-Phone Corporation <MULTIPLIER> 1 <CURRENCY> USD <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> FEB-28-1999 <PERIOD-START> MAR-01-1998 <PERIOD-END> AUG-31-1998 <EXCHANGE-RATE> 1 <CASH> 6,568,021 <SECURITIES> 0 <RECEIVABLES> 438,950 <ALLOWANCES> (174,215) <INVENTORY> 1,687,588 <CURRENT-ASSETS> 8,662,211 <PP&E> 1,141,709 <DEPRECIATION> (1,032,825) <TOTAL-ASSETS> 8,816,357 <CURRENT-LIABILITIES> 722,053 <BONDS> 0 <PREFERRED-MANDATORY> 749,290 <PREFERRED> 0 <COMMON> 75,957 <OTHER-SE> 7,269,057 <TOTAL-LIABILITY-AND-EQUITY> 8,816,357 <SALES> 879,915 <TOTAL-REVENUES> 905,427 <CGS> 1,139,621 <TOTAL-COSTS> 1,149,064 <OTHER-EXPENSES> 0 <LOSS-PROVISION> (103,991) <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,939,044) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,939,044) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,939,044) <EPS-PRIMARY> (0.31) <EPS-DILUTED> (0.31)