<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 37,631 <SECURITIES> 0 <RECEIVABLES> 378 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 41,217 <PP&E> 1,531 <DEPRECIATION> 377 <TOTAL-ASSETS> 51,791 <CURRENT-LIABILITIES> 1,293 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14 <OTHER-SE> 45,248 <TOTAL-LIABILITY-AND-EQUITY> 45,262 <SALES> 0 <TOTAL-REVENUES> 122 <CGS> 0 <TOTAL-COSTS> 9,686 <OTHER-EXPENSES> 842 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 254 <INCOME-PRETAX> (10,406) <INCOME-TAX> 20 <INCOME-CONTINUING> (10,426) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (8,197) <EPS-BASIC> (0.75) <EPS-DILUTED> (.75)