<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S UNAUDITED FINANCIAL STATEMENTS DATED AS OF SEPTEMBER 30, 2000 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUN-30-2001
<PERIOD-START> JUL-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 56,701,651
<SECURITIES> 0
<RECEIVABLES> 110,663
<ALLOWANCES> 0
<INVENTORY> 2,394,283
<CURRENT-ASSETS> 0
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 59,206,567
<CURRENT-LIABILITIES> 451,649
<BONDS> 0
0
0
<COMMON> 202,561
<OTHER-SE> 58,552,357
<TOTAL-LIABILITY-AND-EQUITY> 59,206,567
<SALES> 0
<TOTAL-REVENUES> 882,038
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 175,380
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 706,658
<INCOME-TAX> 0
<INCOME-CONTINUING> 706,658
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 706,658
<EPS-BASIC> .03
<EPS-DILUTED> .03
</TABLE>