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Filed pursuant to
Rule 424(b)(3)
Registration Statement
No.: 33-97722
Prospectus Supplement No. 5 dated May 16, 1996
(To Prospectus dated December 7, 1995,
as supplemented on January 17, February 20, April 2, and May
61996)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
FOR THE QUARTERLY PERIOD ENDED MARCH 31, 1996
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 105,809
<SECURITIES> 0
<RECEIVABLES> 878
<ALLOWANCES> (176)
<INVENTORY> 0
<CURRENT-ASSETS> 107,217
<PP&E> 20,536
<DEPRECIATION> (7,164)
<TOTAL-ASSETS> 120,935
<CURRENT-LIABILITIES> 6,453
<BONDS> 6,457
0
0
<COMMON> 3
<OTHER-SE> 108,022
<TOTAL-LIABILITY-AND-EQUITY> 120,935
<SALES> 0
<TOTAL-REVENUES> 651
<CGS> 0
<TOTAL-COSTS> 8,499
<OTHER-EXPENSES> 8,499
<LOSS-PROVISION> 62
<INTEREST-EXPENSE> 248
<INCOME-PRETAX> (6,847)
<INCOME-TAX> 0
<INCOME-CONTINUING> (6,847)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (6,847)
<EPS-PRIMARY> (.24)
<EPS-DILUTED> (.21)
</TABLE>
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