<ARTICLE>      5 
<LEGEND>       THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION 
               FROM THE ACCOMPANYING FINANCIAL STATEMENTS AND IS QUA
               ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENT
</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>                                 27,352
<SECURITIES>                          112,909
<RECEIVABLES>                           5,436
<ALLOWANCES>                                0
<INVENTORY>                                 0
<CURRENT-ASSETS>                       47,736
<PP&E>                                 22,931
<DEPRECIATION>                              0
<TOTAL-ASSETS>                        169,711
<CURRENT-LIABILITIES>                   9,179
<BONDS>                                     0
<PREFERRED-MANDATORY>                       0
<PREFERRED>                                 0
<COMMON>                                  186
<OTHER-SE>                            160,346
<TOTAL-LIABILITY-AND-EQUITY>          169,711
<SALES>                                 8,835
<TOTAL-REVENUES>                        8,835
<CGS>                                       0
<TOTAL-COSTS>                               0
<OTHER-EXPENSES>                       10,725
<LOSS-PROVISION>                            0
<INTEREST-EXPENSE>                          0
<INCOME-PRETAX>                        (1,890)
<INCOME-TAX>                                0
<INCOME-CONTINUING>                    (1,890)
<DISCONTINUED>                              0
<EXTRAORDINARY>                             0
<CHANGES>                                   0
<NET-INCOME>                           (1,890)
<EPS-PRIMARY>                          ($0.10)
<EPS-DILUTED>                          ($0.10)