<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 1,142,582 <SECURITIES> 0 <RECEIVABLES> 10,095 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,152,677 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,152,677 <CURRENT-LIABILITIES> 68,156 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,084,521 <TOTAL-LIABILITY-AND-EQUITY> 1,152,677 <SALES> 0 <TOTAL-REVENUES> 33,114 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 36,799 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (3,685) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,685) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,685) <EPS-PRIMARY> (0.09) <EPS-DILUTED> (0.09)