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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Equidyne
Corporation's Form 10-QSB for the period ended April 30, 2000 and is qualified
in its entirety by refernce to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-END> APR-30-2000
<CASH> 8,868
<SECURITIES> 0
<RECEIVABLES> 23
<ALLOWANCES> 0
<INVENTORY> 90
<CURRENT-ASSETS> 274
<PP&E> 1,001
<DEPRECIATION> 218
<TOTAL-ASSETS> 23,154
<CURRENT-LIABILITIES> 1,528
<BONDS> 0
0
0
<COMMON> 1,613
<OTHER-SE> 21,541
<TOTAL-LIABILITY-AND-EQUITY> 23,154
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 3,563
<OTHER-EXPENSES> 10,700
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 69
<INCOME-PRETAX> 7,206
<INCOME-TAX> 781
<INCOME-CONTINUING> 7,987
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 7,987
<EPS-BASIC> .51
<EPS-DILUTED> .47
</TABLE>
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