<ARTICLE>     5
<LEGEND>
The schedule  contains  summary  financial  information  extracted from Infocast
Consolidated  Financial  Statements as of June 30, 1999  and is qualified in its
entirety by reference to such Consolidated Financial Statements.
</LEGEND>
<MULTIPLIER>                              1

                                       
<PERIOD-TYPE>                             3-MOS
<FISCAL-YEAR-END>                                                MAR-31-2000
<PERIOD-START>                                                   APR-01-1999
<PERIOD-END>                                                     JUN-30-1999
<CASH>                                                              1,493,205
<SECURITIES>                                                                0
<RECEIVABLES>                                                         211,373
<ALLOWANCES>                                                                0
<INVENTORY>                                                                 0
<CURRENT-ASSETS>                                                      586,968
<PP&E>                                                                258,897
<DEPRECIATION>                                                        (19,700)
<TOTAL-ASSETS>                                                     28,936,817
<CURRENT-LIABILITIES>                                               2,375,898
<BONDS>                                                                     0
<COMMON>                                                               20,492
<PREFERRED-MANDATORY>                                                       0
<PREFERRED>                                                                 0
<OTHER-SE>                                                         19,841,032
<TOTAL-LIABILITY-AND-EQUITY>                                       28,936,817
<SALES>                                                                     0
<TOTAL-REVENUES>                                                       23,157
<CGS>                                                                       0
<TOTAL-COSTS>                                                               0
<OTHER-EXPENSES>                                                    9,139,954
<LOSS-PROVISION>                                                            0
<INTEREST-EXPENSE>                                                          0
<INCOME-PRETAX>                                                    (9,116,797)
<INCOME-TAX>                                                         (186,605)
<INCOME-CONTINUING>                                                (8,930,192)
<DISCONTINUED>                                                              0
<EXTRAORDINARY>                                                             0
<CHANGES>                                                                   0
<NET-INCOME>                                                       (8,930,192)
<EPS-BASIC>                                                           (0.45)
<EPS-DILUTED>                                                           (0.45)