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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 October 31, 2000 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-mos
<FISCAL-YEAR-END> JUL-31-2001
<PERIOD-END> OCT-31-2000
<CASH> 38,450
<SECURITIES> 7,864
<RECEIVABLES> 124
<ALLOWANCES> 0
<INVENTORY> 1,182
<CURRENT-ASSETS> 638
<PP&E> 1,435
<DEPRECIATION> 399
<TOTAL-ASSETS> 54,178
<CURRENT-LIABILITIES> 16,486
<BONDS> 0
0
0
<COMMON> 1,632
<OTHER-SE> 36,060
<TOTAL-LIABILITY-AND-EQUITY> 54,178
<SALES> 4
<TOTAL-REVENUES> 4
<CGS> 2
<TOTAL-COSTS> 2
<OTHER-EXPENSES> 3,656
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (94)
<INCOME-PRETAX> 36,703
<INCOME-TAX> 14,100
<INCOME-CONTINUING> 22,603
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 22,603
<EPS-BASIC> 1.39
<EPS-DILUTED> 1.27
</TABLE>
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