<ARTICLE> 5
       
                                        
<PERIOD-TYPE>                               3-MOS  
<FISCAL-YEAR-END>                           DEC-31-1999
<PERIOD-END>                                MAR-31-1999       
<CASH>                                           11,711                 
<SECURITIES>                                  1,706,947           
<RECEIVABLES>                                    30,968          
<ALLOWANCES>                                          0           
<INVENTORY>                                           0              
<CURRENT-ASSETS>                              1,749,626   
<PP&E>                                          376,590                
<DEPRECIATION>                                   36,005      
<TOTAL-ASSETS>                                2,126,216      
<CURRENT-LIABILITIES>                             5,052 
<BONDS>                                               0                   
<COMMON>                                      2,121,164          
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0                 
<OTHER-SE>                                            0                   
<TOTAL-LIABILITY-AND-EQUITY>                  2,126,216 
<SALES>                                               0                      
<TOTAL-REVENUES>                                267,294      
<CGS>                                                 0                      
<TOTAL-COSTS>                                   171,872
<OTHER-EXPENSES>                                      0      
<LOSS-PROVISION>                                      0          
<INTEREST-EXPENSE>                                    0      
<INCOME-PRETAX>                                  95,422                
<INCOME-TAX>                                          0                      
<INCOME-CONTINUING>                              95,422             
<DISCONTINUED>                                        0                    
<EXTRAORDINARY>                                       0                
<CHANGES>                                             0                      
<NET-INCOME>                                     95,422    
<EPS-PRIMARY>                                      0.05             
<EPS-DILUTED>                                      0.05