<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS FOR THE QUARTER ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> OCT-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 528,246 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 541,583 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 541,583 <CURRENT-LIABILITIES> 60,452 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 672 <COMMON> 60,395 <OTHER-SE> 420,064 <TOTAL-LIABILITY-AND-EQUITY> 541,583 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> (26,524) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,129 <INCOME-PRETAX> (20,395) <INCOME-TAX> 0 <INCOME-CONTINUING> (20,395) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (20,395) <EPS-PRIMARY> (0.01) <EPS-DILUTED> 0