<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JUL-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 6,063,463 <SECURITIES> 9,222,954 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 15,694,744 <PP&E> 4,050,775 <DEPRECIATION> (3,485,614) <TOTAL-ASSETS> 16,259,905 <CURRENT-LIABILITIES> 7,882,874 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 37,726,876 <OTHER-SE> (29,349,845) <TOTAL-LIABILITY-AND-EQUITY> 16,259,905 <SALES> 0 <TOTAL-REVENUES> 68,338 <CGS> 0 <TOTAL-COSTS> 2,403,347 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (4,998) <INCOME-PRETAX> (2,166,335) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,166,335) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,166,335) <EPS-BASIC> (0.24) <EPS-DILUTED> (0.24)