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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S FORM 10-Q FOR THE QUARTERLY PERIOD ENDED APRIL 30, 2000 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-START> FEB-01-2000
<PERIOD-END> APR-30-2000
<CASH> 1,862,000
<SECURITIES> 0
<RECEIVABLES> 7,000
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 1,868,000
<PP&E> 37,000
<DEPRECIATION> (15,000)
<TOTAL-ASSETS> 5,203,000
<CURRENT-LIABILITIES> 1,686,000
<BONDS> 0
0
0
<COMMON> 8,797,000
<OTHER-SE> (5,280,000)
<TOTAL-LIABILITY-AND-EQUITY> 5,203,000
<SALES> 420,000
<TOTAL-REVENUES> 443,000
<CGS> 134,000
<TOTAL-COSTS> (122,000)
<OTHER-EXPENSES> 3,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 562,000
<INCOME-TAX> 0
<INCOME-CONTINUING> 362,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 562,000
<EPS-BASIC> 0.43
<EPS-DILUTED> 0.41
</TABLE>
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