<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF SUMMIT MEDICAL SYSTEMS, INC.
DATED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                       2,862,537
<SECURITIES>                                20,140,280
<RECEIVABLES>                                  867,415
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            25,189,427
<PP&E>                                       1,425,172
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              26,892,380
<CURRENT-LIABILITIES>                        1,284,725
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        85,130
<OTHER-SE>                                  25,517,799
<TOTAL-LIABILITY-AND-EQUITY>                26,892,380
<SALES>                                      1,016,851
<TOTAL-REVENUES>                             1,016,851
<CGS>                                          533,468
<TOTAL-COSTS>                                  511,450
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                271,945
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            271,945
<DISCONTINUED>                               (523,349)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (251,404)
<EPS-PRIMARY>                                   (0.03)
<EPS-DILUTED>                                   (0.03)