<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JUL-01-2000 <PERIOD-END> SEP-30-2000 <CASH> 124,493,765 <SECURITIES> 0 <RECEIVABLES> 152,668 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 124,942,153 <PP&E> 198,444 <DEPRECIATION> 121,570 <TOTAL-ASSETS> 125,019,027 <CURRENT-LIABILITIES> 894,051 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,040 <OTHER-SE> 124,121,936 <TOTAL-LIABILITY-AND-EQUITY> 125,019,027 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,163,797 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,163,797) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,163,797) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,163,797) <EPS-BASIC> (.10) <EPS-DILUTED> (.10)