<ARTICLE> 5
<MULTIPLIER> 1
<CURRENCY> U.S.
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                      12,486,968
<SECURITIES>                                52,691,340
<RECEIVABLES>                                  793,355
<ALLOWANCES>                                    11,360
<INVENTORY>                                  2,059,620
<CURRENT-ASSETS>                            69,480,393
<PP&E>                                       9,627,212
<DEPRECIATION>                               2,839,030
<TOTAL-ASSETS>                              79,159,423
<CURRENT-LIABILITIES>                        1,467,538
<BONDS>                                     50,000,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        11,311
<OTHER-SE>                                  27,680,574
<TOTAL-LIABILITY-AND-EQUITY>                79,159,423
<SALES>                                      1,709,341
<TOTAL-REVENUES>                            10,868,426
<CGS>                                        1,112,937
<TOTAL-COSTS>                               10,080,899
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                11,360
<INTEREST-EXPENSE>                           1,787,528
<INCOME-PRETAX>                                787,527
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            787,527
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   787,527
<EPS-PRIMARY>                                      .07
<EPS-DILUTED>                                      .07