<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS 6-MOS <FISCAL-YEAR-END> DEC-31-1999 DEC-31-1998 <PERIOD-START> JAN-01-1999 JAN-01-1998 <PERIOD-END> JUN-30-1999 JUN-30-1998 <CASH> 25,571 25,686 <SECURITIES> 17,079 14,290 <RECEIVABLES> 2,731 1,115 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 46,191 42,157 <PP&E> 16,255 10,709 <DEPRECIATION> (4,225) (2,183) <TOTAL-ASSETS> 58,512 51,037 <CURRENT-LIABILITIES> 17,006 18,440 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 99,120 73,233 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 58,512 51,037 <SALES> 0 0 <TOTAL-REVENUES> 3,551 4,077 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 9,932 8,275 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 354 366 <INCOME-PRETAX> 0 0 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (6,027) (3,832) <EPS-BASIC> (0.41) (0.32) <EPS-DILUTED> (0.41) (0.32)