<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 27,150 <SECURITIES> 65,884 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 100,884 <PP&E> 21,661 <DEPRECIATION> 2,577 <TOTAL-ASSETS> 121,334 <CURRENT-LIABILITIES> 11,009 <BONDS> 9,714 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17 <OTHER-SE> 100,594 <TOTAL-LIABILITY-AND-EQUITY> 121,334 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 38,091 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 538 <INCOME-PRETAX> (36,138) <INCOME-TAX> 0 <INCOME-CONTINUING> (36,138) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (36,138) <EPS-BASIC> (2.17) <EPS-DILUTED> (2.17)