<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM S-4 REGISTRATION STATEMENT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND RELATED FOONOTES INCLUDED THEREIN. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 11,562 <SECURITIES> 3,841 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 15,711 <PP&E> 10,326 <DEPRECIATION> 9,592 <TOTAL-ASSETS> 16,445 <CURRENT-LIABILITIES> 1,062 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 37 <OTHER-SE> 15,346 <TOTAL-LIABILITY-AND-EQUITY> 16,445 <SALES> 3,451 <TOTAL-REVENUES> 3,451 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 11,168 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (6,778) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,778) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,778) <EPS-PRIMARY> (0.37) <EPS-DILUTED> (0.37)