<ARTICLE> 5 <RESTATED> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 9,527,389 <SECURITIES> 82,480,760 <RECEIVABLES> 6,009,925 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 99,068,649 <PP&E> 2,998,376 <DEPRECIATION> 0 <TOTAL-ASSETS> 133,660,938 <CURRENT-LIABILITIES> 5,353,813 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 128,088,961 <TOTAL-LIABILITY-AND-EQUITY> 133,660,938 <SALES> 0 <TOTAL-REVENUES> 56,966,128 <CGS> 0 <TOTAL-COSTS> 42,190,835 <OTHER-EXPENSES> 29,245,664 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (168,872) <INCOME-PRETAX> (12,146,783) <INCOME-TAX> (1,416,223) <INCOME-CONTINUING> (10,730,560) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,730,560) <EPS-BASIC> (0.23) <EPS-DILUTED> (0.23)