<ARTICLE>                     5
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
consolidated   balance  sheet,   consolidated   statement  of  operations,   and
consolidated statement of cash flows included in the Company's Form 10-Q for the
period  ending March 31, 2000,  and is qualified in its entirety by reference to
such financial statements.

</LEGEND>
<MULTIPLIER>                                            1,000

                                                    
<PERIOD-TYPE>                                           3-MOS
<FISCAL-YEAR-END>                                       Dec-31-2000
<PERIOD-START>                                           Jan-1-2000
<PERIOD-END>                                            Mar-31-2000
<CASH>                                                        4,713
<SECURITIES>                                                 85,229
<RECEIVABLES>                                                 3,333
<ALLOWANCES>                                                      0
<INVENTORY>                                                       0
<CURRENT-ASSETS>                                             27,615
<PP&E>                                                       21,100
<DEPRECIATION>                                                9,915
<TOTAL-ASSETS>                                              106,638
<CURRENT-LIABILITIES>                                        28,938
<BONDS>                                                      43,857
<COMMON>                                                         38
<PREFERRED-MANDATORY>                                             0
<PREFERRED>                                                       0
<OTHER-SE>                                                   33,805
<TOTAL-LIABILITY-AND-EQUITY>                                106,638
<SALES>                                                       5,307
<TOTAL-REVENUES>                                              9,226
<CGS>                                                         3,100
<TOTAL-COSTS>                                                18,761
<OTHER-EXPENSES>                                                 10
<LOSS-PROVISION>                                                  0
<INTEREST-EXPENSE>                                              991
<INCOME-PRETAX>                                              (9,525)
<INCOME-TAX>                                                      0
<INCOME-CONTINUING>                                          (9,525)
<DISCONTINUED>                                                    0
<EXTRAORDINARY>                                                   0
<CHANGES>                                                         0
<NET-INCOME>                                                 (9,525)
<EPS-BASIC>                                                   (0.25)
<EPS-DILUTED>                                                 (0.25)