5

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET AND STATEMENT OF OPERATION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

3-MOS DEC-31-1997 JUN-30-1997 11,413,881 500,000 0 0 0 13,319,270 128,681 (40,825) 13,788,144 4,488,588 0 0 0 49,622,782 (47,075,396) 13,788,144 0 147,745 0 0 17,281,866 0 138,741 (8,941,489) 0 0 0 0 0 (8,941,489) (0.67) (0.67)