<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited condensed balance sheets and unaudited condensed statements of
income found on pages 3 and 4 of the Company's Form 10-QSB for the year to
date, and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> JUN-30-2000
<CASH> 1,132,000
<SECURITIES> 0
<RECEIVABLES> 60,000
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 1,227,000
<PP&E> 112,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 1,355,000
<CURRENT-LIABILITIES> 261,000
<BONDS> 0
<COMMON> 9,831,000
0
0
<OTHER-SE> (8,755,000)
<TOTAL-LIABILITY-AND-EQUITY> 1,355,000
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 645,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (628,000)
<INCOME-TAX> 0
<INCOME-CONTINUING> (628,000)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (628,000)
<EPS-BASIC> (.05)
<EPS-DILUTED> (.05)
</TABLE>