<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 10-QSB 3/99
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                                                  
<PERIOD-TYPE>                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999             DEC-31-1998
<PERIOD-START>                             JAN-01-1999             JAN-01-1998
<PERIOD-END>                               MAR-31-1999             MAR-31-1998
<CASH>                                       1,226,767               1,024,119
<SECURITIES>                                 2,978,284               5,098,845
<RECEIVABLES>                                1,091,614                  84,955
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                             5,568,674               6,266,550
<PP&E>                                         159,394                  74,495
<DEPRECIATION>                                  23,533                  38,844
<TOTAL-ASSETS>                               6,863,138               7,376,115
<CURRENT-LIABILITIES>                        3,335,699                 656,273
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                      2,156                   2,155
<COMMON>                                       107,680                 107,620
<OTHER-SE>                                   3,580,162               6,610,067
<TOTAL-LIABILITY-AND-EQUITY>                 6,863,138               7,376,115
<SALES>                                      3,317,123                 686,175
<TOTAL-REVENUES>                             3,453,559                 769,449
<CGS>                                        2,829,506                 583,249
<TOTAL-COSTS>                                4,310,270               1,409,641
<OTHER-EXPENSES>                                     0                       0
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                       0
<INCOME-PRETAX>                              (856,711)               (640,192)
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                          (856,711)               (640,192)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                              1,373,265                       0
<CHANGES>                                    (156,845)                  74,076
<NET-INCOME>                                   359,709               (566,116)
<EPS-BASIC>                                      .48                   (.60)
<EPS-DILUTED>                                        0                       0