<ARTICLE> 5

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                      12,719,291
<SECURITIES>                                 9,056,424
<RECEIVABLES>                                2,493,185
<ALLOWANCES>                                   341,927
<INVENTORY>                                          0
<CURRENT-ASSETS>                            23,272,925
<PP&E>                                       3,347,738
<DEPRECIATION>                                 414,462
<TOTAL-ASSETS>                              32,083,874
<CURRENT-LIABILITIES>                       10,630,917
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    43,433,633
<OTHER-SE>                                (22,005,973)
<TOTAL-LIABILITY-AND-EQUITY>                32,083,874
<SALES>                                              0
<TOTAL-REVENUES>                             3,849,116
<CGS>                                                0
<TOTAL-COSTS>                                3,813,866
<OTHER-EXPENSES>                             1,877,873
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               8,267
<INCOME-PRETAX>                           (14,890,082)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                       (14,890,082)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                              (14,890,082)
<EPS-BASIC>                                     (0.78)
<EPS-DILUTED>                                   (0.78)