<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)