<ARTICLE> 5
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-Q  FOR  THE PERIOD ENDING MARCH 31, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE  TO  SUCH  FINANCIAL  STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1000
       
                                     
<PERIOD-TYPE>                           3-MOS
<FISCAL-YEAR-END>                       DEC-31-1998
<PERIOD-START>                          JAN-01-1998
<PERIOD-END>                            MAR-31-1998
<CASH>                                        7862 
<SECURITIES>                                     0
<RECEIVABLES>                                  183 
<ALLOWANCES>                                     0
<INVENTORY>                                      0
<CURRENT-ASSETS>                              8123 
<PP&E>                                           0  <F1>
<DEPRECIATION>                                   0  <F1>
<TOTAL-ASSETS>                               10018 
<CURRENT-LIABILITIES>                          649 
<BONDS>                                          0
<COMMON>                                       245 
<PREFERRED-MANDATORY>                            0
<PREFERRED>                                      0
<OTHER-SE>                                    3925 
<TOTAL-LIABILITY-AND-EQUITY>                 10018 
<SALES>                                          0
<TOTAL-REVENUES>                               385 
<CGS>                                            0
<TOTAL-COSTS>                                 1066 
<OTHER-EXPENSES>                                 0
<LOSS-PROVISION>                                 0
<INTEREST-EXPENSE>                               0
<INCOME-PRETAX>                              (2928)
<INCOME-TAX>                                     0
<INCOME-CONTINUING>                          (2928)
<DISCONTINUED>                                   0
<EXTRAORDINARY>                                  0
<CHANGES>                                        0
<NET-INCOME>                                 (2928)
<EPS-PRIMARY>                                 (.12)
<EPS-DILUTED>                                 (.12)
<FN>
<F1> Disclosure  is  not  required  on  interim  financial  statements.
</FN>