<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER 31, 1999 AND 1998 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1999 DEC-31-1998 <PERIOD-START> JAN-01-1999 JAN-08-1998 <PERIOD-END> DEC-31-1999 DEC-31-1998 <CASH> 0 0 <SECURITIES> 0 0 <RECEIVABLES> 0 0 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 301,164 100,181 <PP&E> 68,747 0 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 1,371,911 102,181 <CURRENT-LIABILITIES> 2,925,162 152,500 <BONDS> 1,860,793 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 39,820 5,320 <OTHER-SE> (1,553,251) (50,319) <TOTAL-LIABILITY-AND-EQUITY> 1,371,911 102,181 <SALES> 0 0 <TOTAL-REVENUES> 685 0 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 1,538,117 182,566 <LOSS-PROVISION> 0 50,000 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> (1,537,432) (291,569) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (1,537,432) (291,569) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (1,537,432) (291,569) <EPS-BASIC> 0.045 0.068 <EPS-DILUTED> 0.045 0.068