<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31,2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH QUARTERLY REPORT ON FORM 10-Q. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 5,243 <SECURITIES> 92,952 <RECEIVABLES> 24,763 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 122,958 <CURRENT-LIABILITIES> 6,052 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 116,906 <TOTAL-LIABILITY-AND-EQUITY> 122,958 <SALES> 0 <TOTAL-REVENUES> 2,720 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 400 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 2,320 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,320 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,320 <EPS-BASIC> .18 <EPS-DILUTED> 0