<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
This schedule contains summary financial information extracted from the balance
sheet at September 30, 1998 and the statement of operations for the three months
and nine months ended September 30, 1998 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
       
<S>                             <C>                               <C>
<PERIOD-TYPE>                   3-MOS                             9-MOS
<FISCAL-YEAR-END>                              DEC-31-1998        DEC-31-1998
<PERIOD-START>                                 JUL-01-1998        JAN-01-1998
<PERIOD-END>                                   SEP-30-1998        SEP-30-1998
<CASH>                                           3,568,890          3,568,890
<SECURITIES>                                     2,003,254          2,003,254
<RECEIVABLES>                                       11,127             11,127
<ALLOWANCES>                                             0                  0
<INVENTORY>                                              0                  0
<CURRENT-ASSETS>                                 6,042,863          6,042,863
<PP&E>                                           2,315,932          2,315,932
<DEPRECIATION>                                   2,080,287          2,080,287
<TOTAL-ASSETS>                                   6,475,534          6,475,534
<CURRENT-LIABILITIES>                              612,878            612,878
<BONDS>                                                  0                  0
<PREFERRED-MANDATORY>                                    0                  0
<PREFERRED>                                              0                  0
<COMMON>                                            30,018             30,018
<OTHER-SE>                                       5,625,014          5,625,014
<TOTAL-LIABILITY-AND-EQUITY>                     6,475,534          6,475,534
<SALES>                                                  0                  0
<TOTAL-REVENUES>                                    75,031            264,905
<CGS>                                                    0                  0
<TOTAL-COSTS>                                      602,581          3,135,979
<OTHER-EXPENSES>                                         0                  0
<LOSS-PROVISION>                                         0                  0
<INTEREST-EXPENSE>                                     599              4,707
<INCOME-PRETAX>                                   (528,149)        (2,875,781)
<INCOME-TAX>                                             0                  0
<INCOME-CONTINUING>                               (528,149)        (2,875,781)
<DISCONTINUED>                                           0                  0
<EXTRAORDINARY>                                          0                  0
<CHANGES>                                                0                  0
<NET-INCOME>                                      (528,149)        (2,875,781)
<EPS-PRIMARY>                                        (0.18)             (1.35)
<EPS-DILUTED>                                        (0.18)             (1.35)

        



</TABLE>