<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF SUMMIT MEDICAL SYSTEMS, INC. DATED 
MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<RESTATED> 
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                       6,959,785
<SECURITIES>                                17,940,336
<RECEIVABLES>                                1,106,280
<ALLOWANCES>                                    87,878
<INVENTORY>                                          0
<CURRENT-ASSETS>                            26,123,285
<PP&E>                                       1,292,819
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              27,601,901
<CURRENT-LIABILITIES>                        4,489,847
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        96,174
<OTHER-SE>                                  23,015,880
<TOTAL-LIABILITY-AND-EQUITY>                27,601,901
<SALES>                                      1,302,625
<TOTAL-REVENUES>                             1,302,625
<CGS>                                          725,914
<TOTAL-COSTS>                                  778,425
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                156,757
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            156,757
<DISCONTINUED>                             (2,175,118)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (2,018,361)
<EPS-PRIMARY>                                   (0.21)
<EPS-DILUTED>                                   (0.21)