PHOENIX FINANCIAL <PHFC> BUYS DATA ACCESS STAKE
  Data Access Systems Inc said
  chairman David Cohen has sold 1,800,000 common shares to
  Phoenix Financial corp for undisclosed terms and resigned as
  chairman and chief executive officer.
      The company said Phoenix Financial now has a 27 pct
  interest in Data Access and effective control.
      Data Access said Phoenix chairman Martin S. Ackerman has
  been named chairman of Data Access as well and two other
  Phoenix representatives have been named to the Data Access
  board.  It said four directors other than Cohen have resigned
  from the board.