<ARTICLE>                   5
<MULTIPLIER>                1,000

                                             
<PERIOD-TYPE>                                   3-MOS
<FISCAL-YEAR-END>                               NOV-30-2000
<PERIOD-END>                                    MAY-31-2000
<CASH>                                          38,894
<SECURITIES>                                       000
<RECEIVABLES>                                      111
<ALLOWANCES>                                       000
<INVENTORY>                                        000
<CURRENT-ASSETS>                                 2,092
<PP&E>                                          14,333
<DEPRECIATION>                                     000
<TOTAL-ASSETS>                                  55,430
<CURRENT-LIABILITIES>                            9,365
<BONDS>                                          4,506
<COMMON>                                        13,774
<PREFERRED-MANDATORY>                              000
<PREFERRED>                                        000
<OTHER-SE>                                      27,785
<TOTAL-LIABILITY-AND-EQUITY>                    55,430
<SALES>                                          1,578
<TOTAL-REVENUES>                                 2,267
<CGS>                                              000
<TOTAL-COSTS>                                    2,036
<OTHER-EXPENSES>                                   000
<LOSS-PROVISION>                                   000
<INTEREST-EXPENSE>                                  86
<INCOME-PRETAX>                                    145
<INCOME-TAX>                                       000
<INCOME-CONTINUING>                                145
<DISCONTINUED>                                   2,721
<EXTRAORDINARY>                                    000
<CHANGES>                                          000
<NET-INCOME>                                     2,866
<EPS-BASIC>                                        .21
<EPS-DILUTED>                                      .19