<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH CONSOLIDATED FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> Jan-01-2000 <PERIOD-END> Jun-30-2000 <CASH> 194,973 <SECURITIES> 114,908 <RECEIVABLES> 2,272 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 312,153 <PP&E> 37,995 <DEPRECIATION> 0 <TOTAL-ASSETS> 354,658 <CURRENT-LIABILITIES> 9,461 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 199 <OTHER-SE> 185,471 <TOTAL-LIABILITY-AND-EQUITY> 354,658 <SALES> 28,343 <TOTAL-REVENUES> 35,864 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 30,073 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,460 <INCOME-PRETAX> 5,791 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,791 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,791 <EPS-BASIC> 0.30 <EPS-DILUTED> 0.27