<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 8,007,462 <SECURITIES> 2,468,159 <RECEIVABLES> 903,842 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,379,463 <PP&E> 457,618 <DEPRECIATION> (330,707) <TOTAL-ASSETS> 9,506,374 <CURRENT-LIABILITIES> 512,091 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,994,283 <TOTAL-LIABILITY-AND-EQUITY> 9,506,374 <SALES> 0 <TOTAL-REVENUES> 4,950,079 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 518,702 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,431,377 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,431,377 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,431,377 <EPS-BASIC> 0 <EPS-DILUTED> 0