<ARTICLE> 5

                                        
<PERIOD-TYPE>                               3-MOS
<FISCAL-YEAR-END>                           DEC-31-2000
<PERIOD-END>                                MAR-31-2000
<CASH>                                           34,287
<SECURITIES>                                  1,468,104
<RECEIVABLES>                                    38,975
<ALLOWANCES>                                          0
<INVENTORY>                                           0
<CURRENT-ASSETS>                              1,541,366
<PP&E>                                          376,148
<DEPRECIATION>                                   33,771
<TOTAL-ASSETS>                                1,883,743
<CURRENT-LIABILITIES>                              (709)
<BONDS>                                               0
<COMMON>                                      1,884,452
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<OTHER-SE>                                            0
<TOTAL-LIABILITY-AND-EQUITY>                  1,883,743
<SALES>                                               0
<TOTAL-REVENUES>                                268,715
<CGS>                                                 0
<TOTAL-COSTS>                                    69,064
<OTHER-EXPENSES>                                      0
<LOSS-PROVISION>                                      0
<INTEREST-EXPENSE>                                    0
<INCOME-PRETAX>                                 199,651
<INCOME-TAX>                                          0
<INCOME-CONTINUING>                             199,651
<DISCONTINUED>                                        0
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                    199,651
<EPS-BASIC>                                      0.11
<EPS-DILUTED>                                      0.11