<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 585,891 <SECURITIES> 50,812 <RECEIVABLES> 63,321 <ALLOWANCES> 1,074 <INVENTORY> 0 <CURRENT-ASSETS> 720,230 <PP&E> 240,012 <DEPRECIATION> 19,584 <TOTAL-ASSETS> 1,005,183 <CURRENT-LIABILITIES> 119,676 <BONDS> 280,262 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 83,438 <OTHER-SE> 521,808 <TOTAL-LIABILITY-AND-EQUITY> 1,005,183 <SALES> 51,267 <TOTAL-REVENUES> 51,267 <CGS> 0 <TOTAL-COSTS> 68,054 <OTHER-EXPENSES> 19,690 <LOSS-PROVISION> 271 <INTEREST-EXPENSE> 13,912 <INCOME-PRETAX> (47,977) <INCOME-TAX> 0 <INCOME-CONTINUING> (47,977) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (47,977) <EPS-BASIC> (1.32) <EPS-DILUTED> (1.32)