<TABLE>
<S> <C>
[PERIOD-TYPE] 3-MOS
[FISCAL-YEAR-END] DEC-31-1994
[PERIOD-START] JAN-01-1995
[PERIOD-END] MAR-31-1995
[CASH] 1,353,287
[SECURITIES] 1,210,287
[RECEIVABLES] 402,951
[ALLOWANCES] 0
[INVENTORY] 0
[CURRENT-ASSETS] 376,924
[PP&E] 1,024,969
[DEPRECIATION] (24,499)
[TOTAL-ASSETS] 4,343,919
[CURRENT-LIABILITIES] 315,456
[BONDS] 0
[COMMON] 6,513,028
[PREFERRED-MANDATORY] 0
[PREFERRED] 0
[OTHER-SE] 2,484,565)
[TOTAL-LIABILITY-AND-EQUITY] 4,343,919
[SALES] 0
[TOTAL-REVENUES] 1,292,575
[CGS] 0
[TOTAL-COSTS] 1,159,159
[OTHER-EXPENSES] 0
[LOSS-PROVISION] 0
[INTEREST-EXPENSE] 0
[INCOME-PRETAX] 133,416
[INCOME-TAX] 19,652
<INCOME-CONTINUING 113,764
[DISCONTINUED] 0
[EXTRAORDINARY] 0
[CHANGES] 0
[NET-INCOME] 113,764
[EPS-PRIMARY] 0.07
[EPS-DILUTED] 0.07
</TABLE>
