<ARTICLE> BD

                                                  
<PERIOD-TYPE>                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000             DEC-31-1999
<PERIOD-START>                             JAN-01-2000             JAN-01-1999
<PERIOD-END>                               MAR-31-2000             MAR-31-1999
<CASH>                                               0                       0
<RECEIVABLES>                               15,983,888              20,380,336
<SECURITIES-RESALE>                                  0                       0
<SECURITIES-BORROWED>                                0                       0
<INSTRUMENTS-OWNED>                                  0                       0
<PP&E>                                               0                       0
<TOTAL-ASSETS>                              15,983,888              20,380,336
<SHORT-TERM>                                         0                       0
<PAYABLES>                                     271,829                 341,164
<REPOS-SOLD>                                         0                       0
<SECURITIES-LOANED>                                  0                       0
<INSTRUMENTS-SOLD>                                   0                       0
<LONG-TERM>                                          0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                       0
<OTHER-SE>                                  15,712,059              20,039,172
<TOTAL-LIABILITY-AND-EQUITY>                15,983,888              20,380,336
<TRADING-REVENUE>                            (350,537)               (111,985)
<INTEREST-DIVIDENDS>                                 0                       0
<COMMISSIONS>                                        0                       0
<INVESTMENT-BANKING-REVENUES>                        0                       0
<FEE-REVENUE>                                        0                       0
<INTEREST-EXPENSE>                                   0                       0
<COMPENSATION>                                       0                       0
<INCOME-PRETAX>                              (350,537)               (111,985)
<INCOME-PRE-EXTRAORDINARY>                   (350,537)               (111,985)
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (350,537)               (111,985)
<EPS-BASIC>                                     (5.01)                  (1.30)
<EPS-DILUTED>                                   (5.01)                  (1.30)