<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET. THE STATEMENT OF OPERATIONS, AND THE STATEMENT OF CASH FLOWS AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-2000
<PERIOD-START>                             AUG-01-1999
<PERIOD-END>                               JAN-31-2000
<CASH>                                          53,311
<SECURITIES>                                     8,950
<RECEIVABLES>                                    7,170
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                71,560
<PP&E>                                          11,791
<DEPRECIATION>                                 (4,032)
<TOTAL-ASSETS>                                  80,330
<CURRENT-LIABILITIES>                            4,999
<BONDS>                                          4,199
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             2
<OTHER-SE>                                      71,132
<TOTAL-LIABILITY-AND-EQUITY>                    80,330
<SALES>                                              0
<TOTAL-REVENUES>                                12,967
<CGS>                                                0
<TOTAL-COSTS>                                   22,745
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               (962)
<INCOME-PRETAX>                                (8,816)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (8,816)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (8,816)
<EPS-BASIC>                                     (0.69)
<EPS-DILUTED>                                   (0.69)