<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 790,970 <SECURITIES> 328,473 <RECEIVABLES> 3,122 <ALLOWANCES> (1,599) <INVENTORY> 981 <CURRENT-ASSETS> 1,133,301 <PP&E> 55,995 <DEPRECIATION> (38,342) <TOTAL-ASSETS> 1,339,937 <CURRENT-LIABILITIES> 68,304 <BONDS> 237,659 <PREFERRED-MANDATORY> 573,992 <PREFERRED> 0 <COMMON> 31 <OTHER-SE> 459,650 <TOTAL-LIABILITY-AND-EQUITY> 1,339,937 <SALES> 889 <TOTAL-REVENUES> 3,223 <CGS> 300 <TOTAL-COSTS> 14,050 <OTHER-EXPENSES> 17,612 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (7,471) <INCOME-PRETAX> (32,259) <INCOME-TAX> 0 <INCOME-CONTINUING> (32,259) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (32,259) <EPS-BASIC> (1.15) <EPS-DILUTED> (1.15)