<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 41,832,503 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 43,571,872 <PP&E> 2,609,927 <DEPRECIATION> 1,106,176 <TOTAL-ASSETS> 45,936,260 <CURRENT-LIABILITIES> 3,909,066 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 275,065 <OTHER-SE> 41,752,129 <TOTAL-LIABILITY-AND-EQUITY> 45,926,260 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 7,011,173 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,382 <INCOME-PRETAX> (6,536,972) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,536,972) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,536,972) <EPS-BASIC> (0.24) <EPS-DILUTED> (0.24)