FINANCIAL DATA SCHEDULE

<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1,000

<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 9,370
<SECURITIES> 9,691
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 141
<PP&E> 2,186
<DEPRECIATION> 994
<TOTAL-ASSETS> 20,459
<CURRENT-LIABILITIES> 8,748
<BONDS> 0
<PREFERRED-MANDATORY> 0
<PREFERRED> 0
<COMMON> 34,216
<OTHER-SE> (22,877)
<TOTAL-LIABILITY-AND-EQUITY> 11,339
<SALES> 0
<TOTAL-REVENUES> 4,800
<CGS> 0
<TOTAL-COSTS> 8,620
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 129
<INCOME-PRETAX> (3,647)
<INCOME-TAX> 80
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (3,727)
<EPS-PRIMARY> (.44)
<EPS-DILUTED> (.44)


</TABLE>