<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 108,240,000 <SECURITIES> 11,175,000 <RECEIVABLES> 2,607,000 <ALLOWANCES> 300,000 <INVENTORY> 0 <CURRENT-ASSETS> 128,612,000 <PP&E> 10,200,000 <DEPRECIATION> 770,000 <TOTAL-ASSETS> 143,550,000 <CURRENT-LIABILITIES> 14,067,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 252,000 <OTHER-SE> 111,162,000 <TOTAL-LIABILITY-AND-EQUITY> 143,550,000 <SALES> 0 <TOTAL-REVENUES> 14,316,000 <CGS> 9,548,000 <TOTAL-COSTS> 43,530,000 <OTHER-EXPENSES> (4,415,000) <LOSS-PROVISION> 260,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (34,346,000) <INCOME-TAX> 95,000 <INCOME-CONTINUING> (33,633,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (33,633,000) <EPS-BASIC> (1.73) <EPS-DILUTED> (1.73)