<ARTICLE>    5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited financial statements contained in the Company's Form 10-QSB and is
qualified in its entirety by reference to such financial statements.
</LEGEND>

                                    
<PERIOD-TYPE>                          6-MOS
<FISCAL-YEAR-END>                      DEC-31-2000
<PERIOD-END>                           JUN-30-2000
<CASH>                                 16,336,140
<SECURITIES>                           1,597,382
<RECEIVABLES>                          67,850
<ALLOWANCES>                           0
<INVENTORY>                            0
<CURRENT-ASSETS>                       18,001,372
<PP&E>                                 897,990
<DEPRECIATION>                         0
<TOTAL-ASSETS>                         23,322,410
<CURRENT-LIABILITIES>                  668,721
<BONDS>                                0
<COMMON>                               524,157
<PREFERRED-MANDATORY>                  0
<PREFERRED>                            0
<OTHER-SE>                             20,447,696
<TOTAL-LIABILITY-AND-EQUITY>           23,322,410
<SALES>                                0
<TOTAL-REVENUES>                       1,451,123
<CGS>                                  0
<TOTAL-COSTS>                          921,740
<OTHER-EXPENSES>                       0
<LOSS-PROVISION>                       0
<INTEREST-EXPENSE>                     0
<INCOME-PRETAX>                        534,305
<INCOME-TAX>                           180,000
<INCOME-CONTINUING>                    354,305
<DISCONTINUED>                         0
<EXTRAORDINARY>                        0
<CHANGES>                              0
<NET-INCOME>                           354,305
<EPS-BASIC>                          0
<EPS-DILUTED>                          0