<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                         820,732
<SECURITIES>                                32,885,599
<RECEIVABLES>                                1,808,757
<ALLOWANCES>                                   113,636
<INVENTORY>                                  3,030,689
<CURRENT-ASSETS>                            39,451,611
<PP&E>                                       4,401,813
<DEPRECIATION>                               1,768,949
<TOTAL-ASSETS>                              46,756,457
<CURRENT-LIABILITIES>                        3,482,177
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       112,581
<OTHER-SE>                                  43,154,480
<TOTAL-LIABILITY-AND-EQUITY>                46,756,457
<SALES>                                      1,624,605
<TOTAL-REVENUES>                             1,624,605
<CGS>                                        2,846,411
<TOTAL-COSTS>                                2,846,411
<OTHER-EXPENSES>                             5,451,982
<LOSS-PROVISION>                           (6,673,788)
<INTEREST-EXPENSE>                               1,035
<INCOME-PRETAX>                            (6,198,548)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (6,198,548)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (6,198,548)
<EPS-PRIMARY>                                   (0.55)
<EPS-DILUTED>                                   (0.55)