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<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 18,874
<SECURITIES> 0
<RECEIVABLES> 141,501
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 157,375
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 157,375
<CURRENT-LIABILITIES> 21,467
<BONDS> 0
<COMMON> 1,000
0
0
<OTHER-SE> 134,908
<TOTAL-LIABILITY-AND-EQUITY> 157,375
<SALES> 3,038
<TOTAL-REVENUES> 3,038
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 2,234
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 804
<INCOME-TAX> 0
<INCOME-CONTINUING> 804
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 804
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
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