<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED
CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31,
1999.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                         136,343
<SECURITIES>                                         0
<RECEIVABLES>                                    3,038
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               140,181
<PP&E>                                           5,711
<DEPRECIATION>                                     947
<TOTAL-ASSETS>                                 145,578
<CURRENT-LIABILITIES>                            7,671
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             3
<OTHER-SE>                                     133,713
<TOTAL-LIABILITY-AND-EQUITY>                   145,578
<SALES>                                              0
<TOTAL-REVENUES>                                14,017
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                26,748
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  58
<INCOME-PRETAX>                                 13,518
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             13,518
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    13,518
<EPS-BASIC>                                     (0.74)
<EPS-DILUTED>                                   (0.74)