<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE SHEET AND INCOME STATEMENTS DATED 3/31/00 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-30-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 10,592,000 <SECURITIES> 10,931,000 <RECEIVABLES> 293,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 21,929,000 <PP&E> 1,036,000 <DEPRECIATION> 310,000 <TOTAL-ASSETS> 22,950,000 <CURRENT-LIABILITIES> 1,471,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 16,687,000 <COMMON> 10,337,000 <OTHER-SE> (18,164,000) <TOTAL-LIABILITY-AND-EQUITY> 22,950,000 <SALES> 0 <TOTAL-REVENUES> 807,000 <CGS> 0 <TOTAL-COSTS> 3,595,000 <OTHER-EXPENSES> 1,500,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 70,000 <INCOME-PRETAX> (4,218,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,218,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,218,000) <EPS-BASIC> (0.71) <EPS-DILUTED> (0.71)