<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Balance Sheet and Statement of Operations and is qualified in its entirety by reference to such condensed financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> $747,814 <SECURITIES> 0 <RECEIVABLES> 47,517 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 805,837 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 811,992 <CURRENT-LIABILITIES> 36,542 <BONDS> 0 <COMMON> 52,786 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 715,073 <TOTAL-LIABILITY-AND-EQUITY> 811,992 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 28,253 <OTHER-EXPENSES> (47,517) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (7,668) <INCOME-PRETAX> 26,932 <INCOME-TAX> 9,000 <INCOME-CONTINUING> 17,932 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 17,932 <EPS-PRIMARY> .01 <EPS-DILUTED> .01