<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEETS AND STATEMENTS OF OPERATIONS OF THE COMPANY'S FORM 10-Q FOR THE
NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                          19,786
<SECURITIES>                                   130,620
<RECEIVABLES>                                      318
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               153,773
<PP&E>                                           9,638
<DEPRECIATION>                                   6,348
<TOTAL-ASSETS>                                 163,759
<CURRENT-LIABILITIES>                            5,533
<BONDS>                                          1,885
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           200
<OTHER-SE>                                     152,868
<TOTAL-LIABILITY-AND-EQUITY>                   163,759
<SALES>                                              0
<TOTAL-REVENUES>                                 5,192
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                13,551
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 139
<INCOME-PRETAX>                                (5,600)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (5,600)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (5,600)
<EPS-BASIC>                                     (0.29)
<EPS-DILUTED>                                   (0.29)