<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 8,289,831 <SECURITIES> 474,932 <RECEIVABLES> 899,005 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,188,836 <PP&E> 595,826 <DEPRECIATION> (458,340) <TOTAL-ASSETS> 9,801,254 <CURRENT-LIABILITIES> 645,136 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 9,156,118 <TOTAL-LIABILITY-AND-EQUITY> 9,801,254 <SALES> 0 <TOTAL-REVENUES> 4,752,869 <CGS> 0 <TOTAL-COSTS> 380,290 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,372,579 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,372,579 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,372,579 <EPS-BASIC> 0 <EPS-DILUTED> 0