<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, 1999,  and is qualified in its entirety by reference to
such financial statements.

</LEGEND>   
<MULTIPLIER>                                   1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              Dec-31-1999
<PERIOD-START>                                 Jan-01-1999
<PERIOD-END>                                   Mar-31-1999
<CASH>                                         13,402
<SECURITIES>                                   69,031
<RECEIVABLES>                                  6,654
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               32,015
<PP&E>                                         71,183
<DEPRECIATION>                                 39,653
<TOTAL-ASSETS>                                 123,470
<CURRENT-LIABILITIES>                          33,871
<BONDS>                                        32,243
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       38
<OTHER-SE>                                     54,318
<TOTAL-LIABILITY-AND-EQUITY>                   123,470
<SALES>                                        7,822
<TOTAL-REVENUES>                               12,727
<CGS>                                          4,308
<TOTAL-COSTS>                                  27,951
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             670
<INCOME-PRETAX>                                (9,851)
<INCOME-TAX>                                   6
<INCOME-CONTINUING>                            (9,857)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (9,857)
<EPS-PRIMARY>                                  (0.26)
<EPS-DILUTED>                                  (0.26)