<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF SUMMIT MEDICAL SYSTEMS, INC. DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 7,593,224 <SECURITIES> 25,971,448 <RECEIVABLES> 1,474,835 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 35,049,183 <PP&E> 2,526,443 <DEPRECIATION> 0 <TOTAL-ASSETS> 39,141,631 <CURRENT-LIABILITIES> 3,807,729 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 103,766 <OTHER-SE> 35,230,136 <TOTAL-LIABILITY-AND-EQUITY> 39,141,631 <SALES> 2,688,034 <TOTAL-REVENUES> 2,688,034 <CGS> 1,748,881 <TOTAL-COSTS> 1,320,711 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 712,353 <INCOME-TAX> 0 <INCOME-CONTINUING> 712,353 <DISCONTINUED> (11,519,468) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,807,115) <EPS-PRIMARY> (1.04) <EPS-DILUTED> (1.00)