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<TABLE> <S> <C>
<ARTICLE> BD
<S> <C> <C>
<PERIOD-TYPE> 9-MOS 9-MOS
<FISCAL-YEAR-END> OCT-31-1999 OCT-31-1998
<PERIOD-START> OCT-31-1999 OCT-31-1998
<PERIOD-END> APR-30-2000 APR-30-1999
<CASH> 9,236,126 11,280,078
<RECEIVABLES> 161,398 (197,043)
<SECURITIES-RESALE> 0 0
<SECURITIES-BORROWED> 0 0
<INSTRUMENTS-OWNED> 0 0
<PP&E> 0 0
<TOTAL-ASSETS> 9,397,524 11,083,035
<SHORT-TERM> 0 0
<PAYABLES> 346,896 166,896
<REPOS-SOLD> 0 0
<SECURITIES-LOANED> 0 0
<INSTRUMENTS-SOLD> 0 0
<LONG-TERM> 0 0
0 0
0 0
<COMMON> 9,050,628 10,916,140
<OTHER-SE> 0 0
<TOTAL-LIABILITY-AND-EQUITY> 9,397,524 11,083,035
<TRADING-REVENUE> (312,247) 453,878
<INTEREST-DIVIDENDS> 354,888 322,587
<COMMISSIONS> (559,816) (690,489)
<INVESTMENT-BANKING-REVENUES> 0 0
<FEE-REVENUE> 0 0
<INTEREST-EXPENSE> 0 0
<COMPENSATION> (336,026) (447,846)
<INCOME-PRETAX> (853,201) (362,070)
<INCOME-PRE-EXTRAORDINARY> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (853,201) (362,070)
<EPS-BASIC> 0 0
<EPS-DILUTED> 0 0
</TABLE>
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