<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS INCLUDED IN ITS FORM 10-K FOR THE FISCAL YEAR ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> APR-01-1998 <PERIOD-END> MAR-31-1999 <CASH> 1,258 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,430 <PP&E> 164 <DEPRECIATION> 63 <TOTAL-ASSETS> 4,501 <CURRENT-LIABILITIES> 1,221 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 251 <OTHER-SE> 3,029 <TOTAL-LIABILITY-AND-EQUITY> 4,501 <SALES> 10 <TOTAL-REVENUES> 131 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 6,830 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (13,399) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (13,399) <EPS-BASIC> (0.58) <EPS-DILUTED> (0.58)