<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-QSB FOR FIRST QUARTER ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 628433 <SECURITIES> 0 <RECEIVABLES> 2502908 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3181982 <PP&E> 50641 <DEPRECIATION> 6464 <TOTAL-ASSETS> 3851192 <CURRENT-LIABILITIES> 2348555 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3852825 <OTHER-SE> 231207 <TOTAL-LIABILITY-AND-EQUITY> 3851192 <SALES> 349974 <TOTAL-REVENUES> 349974 <CGS> 0 <TOTAL-COSTS> 364745 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (5999) <INCOME-TAX> 0 <INCOME-CONTINUING> (5999) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5999) <EPS-PRIMARY> (0.005) <EPS-DILUTED> 0