<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 26,428 <SECURITIES> 14,399 <RECEIVABLES> 2,747 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 44,312 <PP&E> 18,293 <DEPRECIATION> (4,848) <TOTAL-ASSETS> 58,053 <CURRENT-LIABILITIES> 15,959 <BONDS> 8,303 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 99,245 <OTHER-SE> (69,525) <TOTAL-LIABILITY-AND-EQUITY> 58,053 <SALES> 0 <TOTAL-REVENUES> 12,154 <CGS> 0 <TOTAL-COSTS> 30,510 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 684 <INCOME-PRETAX> (17,553) <INCOME-TAX> 0 <INCOME-CONTINUING> (17,553) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17,553) <EPS-BASIC> (1.25) <EPS-DILUTED> (1.25)