U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
         ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2000.

                                       OR

[ ]      TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
         ACT OF 1934 FOR THE TRANSITION PERIOD FROM ________________ TO
         ______________.

                                                     Commission File No. 0-20630

                            FULL HOUSE RESORTS, INC.
                    ----------------------------------------
        (Exact name of small business issuer as specified in its charter)

            DELAWARE                                             13-3391527
-------------------------------                              -------------------
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

      2300 W. SAHARA AVE.
       SUITE 450, BOX 23
       LAS VEGAS, NEVADA                                            89102
------------------------------------                               --------
(Address of principal executive offices)                          (zip code)

                                 (702) 221-7800
                         -------------------------------
                         (Registrant's telephone number)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or
for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.

                            Yes [X]          No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

As of May 9, 2000, Registrant had 10,340,380 shares of its $.0001 par value
common stock outstanding.


<PAGE>

                             FULL HOUSE RESORTS, INC

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                        PAGE
                                                                                        ----
<S>                                                                                      <C>
PART I.  Financial Information

         Item 1.   Condensed Consolidated Financial Statements

                   Unaudited Condensed Consolidated Balance Sheets
                   as of March 31, 2000 and December 31, 1999                             3

                   Unaudited Condensed Consolidated Statements of Operations
                   for the three months ended March 31, 2000 and 1999                     4

                   Unaudited Condensed Consolidated Statements of Cash Flows
                   for the three months ended March 31, 2000 and 1999                     5

                   Notes to Unaudited Condensed Consolidated Financial Statements         6

         Item 2.   Management's Discussion and Analysis of Financial
                   Condition and Results of Operations                                    8

PART II. Other Information                                                               11

         Signatures                                                                      11
</TABLE>

                                      -2-
<PAGE>

FULL HOUSE RESORTS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                          MARCH 31,       DECEMBER 31,
                                                                            2000              1999
                                                                        ------------      ------------
<S>                                                                     <C>               <C>
ASSETS
CURRENT ASSETS:
  Cash and cash equivalents                                             $    285,450      $    438,800
  Income tax refund receivable                                                    --            34,057
  Prepaid expenses                                                            94,818            87,590
                                                                        ------------      ------------
    Total current assets                                                     380,268           560,447

LAND HELD FOR DEVELOPMENT                                                  4,621,670         4,621,670
FIXTURES AND EQUIPMENT - net                                                  63,161            69,413
GOODWILL - net                                                               759,414           885,981
NOTE RECEIVABLE - JOINT VENTURE                                              928,070           839,580
INVESTMENTS IN JOINT VENTURES                                              3,758,961         3,672,175
DEFERRED TAX ASSET                                                           567,427           614,083
DEPOSITS AND OTHER ASSETS                                                  2,656,345         2,620,487
                                                                        ------------      ------------
TOTAL                                                                   $ 13,735,316      $ 13,883,836
                                                                        ============      ============
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
  Accounts payable                                                      $     12,155      $     19,238
  Payable to joint ventures                                                  121,910            60,077
  Accrued expenses                                                           125,591           190,332
                                                                        ------------      ------------
    Total current liabilities                                                259,656           269,647
                                                                        ------------      ------------
LONG-TERM DEBT                                                             3,600,000         3,750,000
                                                                        ------------      ------------
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
  Cumulative, preferred stock, par value $.0001, 5,000,000
      shares authorized; 700,000 shares issued and outstanding;
      aggregate liquidation preference of $3,727,500 and $3,675,000               70                70
  Common stock, par value $.0001, 25,000,000 shares authorized;
      10,340,380 shares issued and outstanding                                 1,034             1,034
  Additional paid in capital                                              17,388,309        17,374,449
  Accumulated deficit                                                     (7,513,753)       (7,511,364)
                                                                        ------------      ------------
    Total stockholders' equity                                             9,875,660         9,864,189
                                                                        ------------      ------------
TOTAL                                                                   $ 13,735,316      $ 13,883,836
                                                                        ============      ============
</TABLE>

See notes to unaudited condensed consolidated financial statements.

                                      -3-
<PAGE>

FULL HOUSE RESORTS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                                                                       THREE MONTHS ENDED
                                                                                            MARCH 31,
                                                                                     2000              1999
                                                                                 ------------      ------------
<S>                                                                              <C>               <C>
OPERATING REVENUES:
   Joint ventures                                                                $    865,600      $    864,079

OPERATING COSTS AND EXPENSES:
  Joint venture pre-opening costs                                                     136,627            25,106
  General and administrative                                                          432,016           560,241
  Depreciation and amortization                                                       132,818           130,507
                                                                                 ------------      ------------
           Total operating costs and expenses                                         701,461           715,854
                                                                                 ------------      ------------
INCOME FROM OPERATIONS                                                                164,139           148,225

Interest expense and debt issue costs                                                 (82,278)          (66,663)
Interest and other income                                                               3,406            15,776
                                                                                 ------------      ------------
Income before income taxes and cumulative effect
of change in accounting principle                                                      85,267            97,338

INCOME TAX PROVISION                                                                  (87,656)          (65,151)
                                                                                 ------------      ------------
Net income (loss) before cumulative effect of change in accounting principle           (2,389)           32,187
Cumulative effect of change in accounting principle, net of tax                            --          (543,870)
                                                                                 ------------      ------------
NET LOSS                                                                               (2,389)         (511,683)

Less, undeclared dividends on cumulative preferred stock                               52,500            52,500
                                                                                 ------------      ------------
NET LOSS APPLICABLE TO COMMON SHARES                                             $    (54,889)     $   (564,183)
                                                                                 ============      ============
Loss per common share before cumulative effect of change in
accounting principle, Basic and Diluted                                          $      (0.01)     $      (0.00)
Change in accounting principle, Basic and Diluted                                          --             (0.05)
                                                                                 ------------      ------------
NET LOSS PER COMMON SHARE, Basic and Diluted                                     $      (0.01)     $      (0.05)
                                                                                 ============      ============
WEIGHTED AVERAGE NUMBER OF
    COMMON SHARES OUTSTANDING                                                      10,340,380        10,340,380
                                                                                 ============      ============
</TABLE>

See notes to unaudited condensed consolidated financial statements.

                                      -4-
<PAGE>

FULL HOUSE RESORTS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                     THREE MONTHS ENDED
                                                                           MARCH 31,
                                                                    2000             1999
                                                                -----------      -----------
<S>                                                             <C>              <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                                      $    (2,389)     $  (511,683)
  Adjustments to reconcile net loss to net cash provided by
    operating activities:
    Depreciation and amortization                                   132,818          130,507
    Amortization of deferred compensation expense                    13,860           39,096
    Cumulative effect of change in accounting principle                  --          543,870
    Equity in income of joint ventures                             (728,973)        (838,973)
    Distributions from joint ventures                               642,187          778,279
    Changes in assets and liabilities:
      Receivables                                                    34,057           35,871
      Prepaid expenses                                               (7,228)          27,343
      Other assets                                                  (10,858)              --
      Deferred taxes                                                 46,656               --
      Accounts payable and accrued expenses                         (71,823)         (42,562)
                                                                -----------      -----------
        Net cash provided by operating activities                    48,307          161,750
                                                                -----------      -----------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchases of property and equipment                                    --          (24,532)
  Deposits on purchase options                                      (25,000)      (1,025,000)
  Receivables from joint ventures                                   (26,657)         111,033
                                                                -----------      -----------
        Net cash used in investing activities                       (51,657)        (938,499)
                                                                -----------      -----------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from line of credit                                           --        1,000,000
  Repayment of line of credit                                      (150,000)      (1,000,000)
                                                                -----------      -----------
        Net cash used in financing activities                      (150,000)              --
                                                                -----------      -----------
NET DECREASE IN CASH AND CASH EQUIVALENTS                          (153,350)        (776,749)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                      438,800        1,092,178
                                                                -----------      -----------
CASH AND CASH EQUIVALENTS, END OF PERIOD                        $   285,450      $   315,429
                                                                ===========      ===========
</TABLE>

See notes to unaudited condensed consolidated financial statements.

                                      -5-
<PAGE>

FULL HOUSE RESORTS, INC. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
--------------------------------------------------------------------------------
1.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         INTERIM CONDENSED FINANCIAL STATEMENTS - The interim condensed
         consolidated financial statements of Full House Resorts, Inc. (the
         "Company") included herein reflect all adjustments which are, in the
         opinion of management, necessary to present fairly the financial
         position and results of operations for the interim periods presented.
         All such adjustments are of a normal recurring nature. Certain
         information and note disclosures normally included in financial
         statements prepared in accordance with accounting principles generally
         accepted in the United States of America have been omitted pursuant to
         the rules and regulations of the Securities and Exchange Commission.

         These unaudited condensed consolidated financial statements should be
         read in conjunction with the consolidated financial statements and
         notes thereto included in the Company's Annual Report on Form 10-KSB
         for the year ended December 31, 1999. The results of operations for the
         period ended March 31, 2000 are not necessarily indicative of the
         results to be expected for the year ending December 31, 2000.

         CONSOLIDATION - The unaudited condensed consolidated financial
         statements include the accounts of the Company and all its
         majority-owned subsidiaries. All material intercompany accounts and
         transactions have been eliminated.

         RECLASSIFICATIONS - Certain prior year amounts have been reclassified
         to conform with the current year presentation.

2.       RECENTLY ISSUED ACCOUNTING STANDARDS

         In June 1998, the Financial Accounting Standards Board issued SFAS No.
         133, "Accounting for Derivative Investments and Hedging Activities."
         This statement establishes accounting and reporting standards for
         derivative investments, including certain derivative investments
         embedded in other contracts, and hedging activities. It requires that
         an entity recognize all derivatives either as assets or liabilities in
         the statement of financial position, and measure those instruments at
         fair value, and is effective for all fiscal quarters of the fiscal
         years beginning June 15, 2000. This is a complex accounting standard;
         however, the Company does not expect the adoption of this statement to
         have a material impact on the consolidated financial statements of the
         Company.

                                      -6-
<PAGE>

3.       SEGMENT INFORMATION

         The Company has two primary business segments. The Joint Venture
         segment includes the ventures with GTECH Corporation, and the Corporate
         segment reflects the administrative and development expenses of the
         business.

<TABLE>
<CAPTION>
                  2000                           JOINT
                                                VENTURES      CORPORATE     CONSOLIDATED
                                               ---------      ---------     -------------
<S>                                            <C>            <C>            <C>
Revenues                                       $ 865,600      $      --      $ 865,600
Pre-opening costs                                136,627             --        136,627
Income (loss) from operations                    587,406       (423,267)       164,139
Net income (loss)                              $ 434,305      $(436,694)     $  (2,389)

<CAPTION>
                  1999                           JOINT
                                                VENTURES      CORPORATE     CONSOLIDATED
                                               ---------      ---------     -------------
<S>                                            <C>            <C>            <C>
Revenues                                       $ 864,079      $      --      $ 864,079
Pre-opening costs                                 25,106             --         25,106
Income (loss) from operations                    712,406       (564,181)       148,225
Net income before cumulative
  effect of change in accounting principle       590,079       (557,892)        32,187
Accounting change, net                          (543,870)            --       (543,870)
Net income (loss)                              $  46,209      $(557,892)     $(511,683)
</TABLE>

4.       JOINT VENTURE INVESTMENTS

<TABLE>
<CAPTION>
                  2000              DELAWARE         OREGON           MICHIGAN        CALIFORNIA
                                  -----------      -----------      -----------      -----------
<S>                               <C>              <C>              <C>              <C>
Revenues                          $ 3,142,527      $   555,872      $        --      $        --
Income (loss) from operations       1,175,329          555,872         (259,598)         (13,656)
Net income                        $ 1,175,329      $   555,872      $  (259,598)     $   (13,656)

<CAPTION>
                  1999              DELAWARE         OREGON           MICHIGAN        CALIFORNIA
                                  -----------      -----------      -----------      -----------
<S>                               <C>              <C>              <C>              <C>
Revenues                          $ 3,020,230      $   544,012      $        --      $        --
Income (loss) from operations       1,199,312          528,846          (36,138)         (14,073)
Cumulative effect of change
  in accounting principle              (9,157)        (137,351)      (1,260,818)        (240,765)
Net income                        $ 1,190,154      $   391,496      $(1,296,956)     $  (254,838)
</TABLE>

                                      -7-
<PAGE>

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS.

RESULTS OF OPERATIONS

FIRST QUARTER ENDED MARCH 31, 2000 COMPARED TO FIRST QUARTER ENDED MARCH 31,
1999

         JOINT VENTURES. Joint Venture income increased by $1,529 for the first
quarter ended March 31, 2000 as compared to the same period in 1999. This
increase reflects improved operating results from the Oregon venture, offset by
a weather related decline in income from the Delaware venture. Pre-opening costs
were significantly higher as the Company continues its efforts in Michigan and
California.

         OREGON JOINT VENTURE. The Company's share of income from the Oregon
joint venture was $277,936, an increase of $13,513, or 5.1%, as compared to the
prior year period. This increase was achieved despite the reduction in the
venture's fee structure from 13% of revenue to 12% in accordance with the
management agreement. The continued growth in the market contributed to a 10.5%
revenue increase at the facility that more than offset the fee percentage
reduction.

         DELAWARE JOINT VENTURE. The Company's share of income from the Delaware
joint venture was $587,664 for the first quarter ended March 31, 2000, compared
to $599,656 in the prior year. A severe snowstorm in January forced the closure
of the facility for one day and significantly impacted customer volumes for
several days thereafter, resulting in an 18% decline in management fees for
January. During February and March, management fee income increased 4% and 3%,
respectively.

         CALIFORNIA AND MICHIGAN JOINT VENTURES. The Company's share of
pre-opening costs from the California and Michigan joint ventures increased by
$111,521 during the first quarter of 2000. The majority of the increase was due
to increased activities related to the Michigan venture with the Huron
Potawatomi Tribe in Battle Creek. These costs were primarily for legal and
consulting fees to assist the Tribe in obtaining suitable land and complying
with the requirements of the Indian Gaming Regulatory Act. These joint venture
companies are still in the development stage and do not have operating revenues.

         GENERAL AND ADMINISTRATIVE EXPENSES. Expenses for the three months
ended March 31, 2000 decreased $128,225 as compared to the comparable period in
1999. This decrease is primarily due to reduced legal expenses associated with
the Company's efforts to develop the Biloxi, Mississippi project.

         INTEREST EXPENSE. Interest expense increased by $15,615 primarily due
to an increase in outstanding indebtedness under the bank line, coupled with an
increase in interest rates.

         INTEREST AND OTHER INCOME. Interest and other income decreased by
$12,370 in 2000 as compared to 1999 due primarily to a reduction in invested
cash balances.

         INCOME TAX PROVISION. Income tax expense increased by $22,505 primarily
due to a change in deferred tax balances. The effective tax rate reflects a
combination of state taxes on the joint venture earnings combined with the tax
effect of non-deductible amortization expenses. For federal tax purposes the
Company has net operating loss carryforwards of approximately $4,314,000, which
may be carried forward to offset future taxable income. The loss carryforwards
expire in 2009 through 2019. The availability of the loss carryforwards may be
limited in the event of a significant change in ownership of the Company or its
subsidiaries.

                                      -8-
<PAGE>

         CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE. In April 1998, The
Accounting Standards Executive Committee of the American Institute of Public
Accounting issued Statement of Position 98-5, "Reporting on the Costs of Start -
Up Activities." It requires that the costs of start-up activities that had been
previously capitalized, be expensed as incurred. Accordingly, during the first
quarter of 1999, the Company recognized $824,045 of such costs that had been
previously incurred by its joint venture investments, net of the related tax
benefit of $280,175.

         LIQUIDITY AND CAPITAL RESOURCES

         At March 31, 2000, the Company had cash and cash equivalents of
$285,450. For the three months ended March 31, 2000, cash of $48,307 was
provided by operating activities, as compared to $161,750 in the prior year
period. The decline is a result of increased pre-opening and interest costs
partially offset by decreased general and administrative expense, combined with
changes in operating assets and liabilities. Net cash used in investing
activities was $51,657, primarily for options related to the Biloxi project and
joint venture advances, compared to $938,499 in the prior year primarily for the
same purposes. Financing activities used $150,000 during the current quarter to
reduce the bank borrowings compared to an advance and repayment in equal amounts
in the comparable prior period. As a result of the above factors, there was a
net decrease in cash and cash equivalents of $153,350 during the first quarter
of 2000.

         Full House is a party to a series of agreements with GTECH Corporation,
a leading supplier of computerized systems and services for
government-authorized lotteries, to jointly pursue certain gaming opportunities.
Pursuant to the agreements, joint venture companies equally owned by GTECH and
Full House have been formed. Full House has contributed its rights to the North
Bend, Oregon facility and the rights to develop the Torres Martinez,
Nottawaseppi Huron Band of Potawatomi and Delaware State Fair projects to the
joint venture companies. GTECH has contributed cash and other intangible assets
and has agreed to loan the joint venture entities up to $16.4 million to
complete the North Bend, Oregon and Delaware facilities. Full House has agreed
to guarantee one-half of the obligations of the joint venture companies to GTECH
under these loans and has guaranteed to GTECH one-half of a $2.0 million loan to
the North end, Oregon Indian Tribe. GTECH also provides project management,
technology and other expertise to analyze and develop/manage the implementation
of opportunities developed by the joint venture entities. GTECH has also loaned
Full House $3 million, which loan was convertible, until January 1998 into
600,000 shares of Full House Common Stock. The loan conversion clause expired
without exercise. The note bears interest at prime. Interest is paid monthly and
the unpaid principal and interest are due on January 25, 2001. In addition, Full
House has been reimbursed by one of the joint venture companies for certain
advances and expenditures made by Full House relating to the gaming development
agreements. As part of this transaction, Allen E. Paulson, William P. McComas
and Lee Iacocca have granted to GTECH an option to purchase their shares should
they propose to transfer the same. The parties are no longer required to present
gaming opportunities to the other for joint development.

         As a result of its agreements with GTECH, receipt by Full House of
revenues from the operations of joint venture projects is governed by the terms
of the related agreements applicable to such projects. These contracts provide
that net cash flow (after certain deductions) is to be distributed monthly to
Full House and GTECH. While Full House does not believe that this arrangement
will adversely impact its liquidity, the Company's continuing cash flow is
dependent on the operating performance of its joint ventures, and the ability to
receive monthly distributions.

                                      -9-
<PAGE>

         The Company has a $2 million line of credit with Coast Community bank
in Mississippi. The line bears interest at prime plus 1/2%, with interest
payable monthly. Any outstanding principal is due at maturity in February 2001.
At March 31, 2000, there was $600,000 outstanding at a rate of 9%.

         In November 1998, the Company executed a series of agreements with Hard
Rock Cafe International related to the proposed development project in Biloxi,
Mississippi. Pursuant to a licensing agreement, the Company has the right to
develop and operate a Hard Rock Casino in Biloxi. The Company has paid a
territory fee of $2,000,000.

         In September 1998, the Company and Allen E. Paulson formed a limited
liability company, equally owned, for the purpose of developing this project.
Mr. Paulson agreed to contribute a gaming vessel (the former Treasure Bay barge
in Tunica, MS.), and the Company agreed to contribute its rights to the Hard
Rock agreements. This entity plans to develop the Hard Rock - Biloxi and is
currently exploring various financing alternatives. The project, as currently
envisioned, is expected to cost between $250 and $300 million. Substantial
additional financing will be required for the Company to effect its business
strategy and no assurance can be given that such financing will be available
upon commercially reasonable terms, or at all.

         As of March 31, 2000, Full House had cumulative undeclared and unpaid
dividends in the amount of $1,627,500 on the 700,000 outstanding shares of its
1992-1 Preferred Stock. Such dividends are cumulative whether or not declared,
and are currently in arrears.

YEAR 2000 ISSUES

         The Company implemented a Year 2000 program to ensure that its computer
systems and applications would function properly beyond 1999. The Company's Year
2000 date conversion program was completed on a timely basis at a cost of
approximately $10,000. The Company did not experience any disruptions as a
result of the rollover to the year 2000, and continues to monitor performance
for any latent problems.

                                      -10-
<PAGE>

                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

         Allen E. Paulson, a major stockholder of the Company and its former
         Chief Executive Officer and Board Chairman, sued Jefferies & Co., Inc.
         and Morgans Waterfall, et al, in the Federal Court for the Central
         District of California Western Division, for various claims arising
         from his individual attempt to purchase Riviera Holdings Corp. and
         other gaming properties during 1996-1997. On May 5, 2000, Jefferies
         filed counterclaims in that lawsuit against Mr. Paulson and companies
         owned by him individually, as well as a Third Party Complaint against
         the Company. Jefferies alleges that the Company is responsible to it
         for the payment of fees and expenses, which it claims it is owed as a
         result of several engagement letters it executed with Mr. Paulson. Mr.
         Paulson's signature line does not reflect that he executed any of these
         engagement letters on behalf of the Company, but Jefferies claims that
         his individual signature also bound his "affiliates". The Company
         vigorously contests any liabilities whatsoever to Jefferies, and
         intends to move for dismissal of Jefferies' claim on the grounds its
         assertions are insufficient as a matter of law.

         On April 13, 2000 LS Capital (formerly Lone Star Casino Corp.) filed a
         notice of appeal in the Lone Star Casino Corp vs. Full House Resorts,
         Inc. litigation. On April 4, 2000 the Circuit Court of Harrison County,
         Mississippi had dismissed all remaining counts for lack of prosecution.
         The Company continues to vigorously defend this action.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

         As of March 31, 2000, cumulative dividends were $1,627,500, which were
         undeclared, unpaid and were in arrears, with respect to the Company's
         Series 1992-1 Preferred Stock, which class ranks prior to the Company's
         Common Stock with regard to dividend and liquidation rights.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

         (a)      Exhibits.

                     27.1   Financial Data Schedule

         (b)      Reports on Form 8-K;

                     None

                                      -11-
<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

                                 FULL HOUSE RESORTS, INC.

Date:  May 11, 2000

                                 By   /S/ GREGG R GIUFFRIA
                                   -----------------------
                                      Gregg R. Giuffria, President and Principal
                                      Operating Officer

                                      -12-
<PAGE>

                                  EXHIBIT INDEX

EXHIBIT                    DESCRIPTION
-------                    -----------
  27.1            Financial Data Schedule