<ARTICLE> 5
<RESTATED> 
       
                                                                                            
<PERIOD-TYPE>                   12-MOS                   9-MOS                   6-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1997             DEC-31-1997             DEC-31-1997
<PERIOD-START>                             JAN-01-1995             JAN-01-1997             JAN-01-1997             JAN-01-1997
<PERIOD-END>                               DEC-31-1995             SEP-30-1997             JUN-30-1997             MAR-31-1997
<CASH>                                         788,611               1,306,959               1,808,614                 512,775
<SECURITIES>                                         0                       0                       0                       0
<RECEIVABLES>                                   74,994                 212,599                 192,277                 213,827
<ALLOWANCES>                                         0                       0                       0                       0
<INVENTORY>                                          0                       0                       0                       0
<CURRENT-ASSETS>                             2,915,258               2,345,516               2,955,655               1,806,335
<PP&E>                                          79,990                 313,320                 291,125                 277,068
<DEPRECIATION>                                  16,421                  90,040                  84,286                  57,505
<TOTAL-ASSETS>                               3,843,954               8,720,342               6,269,702               5,255,100
<CURRENT-LIABILITIES>                          353,784               1,457,260                 923,708               1,170,161
<BONDS>                                              0                       0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0                       0
<PREFERRED>                                          0                       0                       0                       0
<COMMON>                                     3,547,680               8,758,337               5,496,595               4,255,743
<OTHER-SE>                                   (208,252)                  83,732                (31,492)                (45,892)
<TOTAL-LIABILITY-AND-EQUITY>                 3,843,954               8,720,342               6,269,702               5,255,100
<SALES>                                              0                       0                       0                       0
<TOTAL-REVENUES>                             3,517,711                 316,919                 267,567                (47,581)
<CGS>                                                0                       0                       0                       0
<TOTAL-COSTS>                                1,399,042               2,700,134               1,689,678               1,172,522
<OTHER-EXPENSES>                                     0                       0                       0                       0
<LOSS-PROVISION>                                     0                       0                       0                       0
<INTEREST-EXPENSE>                                   0                       0                       0                       0
<INCOME-PRETAX>                              2,118,669             (2,383,215)             (1,422,411)             (1,220,103)
<INCOME-TAX>                                   287,817               (166,796)               (167,767)                (40,107)
<INCOME-CONTINUING>                          1,830,852             (2,316,419)             (1,254,644)             (1,179,996)
<DISCONTINUED>                                       0                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0                       0
<CHANGES>                                            0                       0                       0                       0
<NET-INCOME>                                 1,831,311             (2,050,533)             (1,140,718)             (1,110,212)
<EPS-PRIMARY>                                     1.08                  (0.89)                  (0.55)                  (0.54)
<EPS-DILUTED>                                     0.77                  (0.89)                  (0.55)                  (0.54)